Strategies Wealth Advisors LLC Acquires New Holdings in UnitedHealth Group Incorporated $UNH

Key Points

• Strategies Wealth Advisors LLC has acquired a new position in UnitedHealth Group, purchasing 1,006 shares valued at approximately $527,000 during the first quarter.
• CEO Patrick Hugh Conway sold 589 shares of UnitedHealth stock at an average price of $305.00, resulting in a total transaction of $179,645, indicating a 5.36% decrease in his ownership.
• UnitedHealth Group recently declared a $2.21 quarterly dividend, with an annualized dividend yield of 2.9%, demonstrating the company's shareholder return strategy.

Strategies Wealth Advisors LLC acquired a new position in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,006 shares of the healthcare conglomerate's stock, valued at approximately $527,000.

A number of other institutional investors have also added to or reduced their stakes in UNH. Brighton Jones LLC boosted its position in UnitedHealth Group by 176.2% in the fourth quarter. Brighton Jones LLC now owns 44,249 shares of the healthcare conglomerate's stock valued at $22,384,000 after buying an additional 28,231 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in UnitedHealth Group by 137.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,019 shares of the healthcare conglomerate's stock valued at $2,033,000 after acquiring an additional 2,324 shares during the last quarter. MGO One Seven LLC lifted its holdings in UnitedHealth Group by 17.5% in the fourth quarter. MGO One Seven LLC now owns 8,751 shares of the healthcare conglomerate's stock valued at $4,427,000 after buying an additional 1,306 shares during the period. RiverPark Advisors LLC grew its stake in shares of UnitedHealth Group by 2.6% during the fourth quarter. RiverPark Advisors LLC now owns 7,051 shares of the healthcare conglomerate's stock worth $3,570,000 after purchasing an additional 180 shares during the period. Finally, Burling Wealth Partners LLC bought a new position in UnitedHealth Group during the 4th quarter worth approximately $4,740,000. 87.86% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 589 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $305.00, for a total transaction of $179,645.00. Following the sale, the chief executive officer directly owned 10,398 shares of the company's stock, valued at $3,171,390. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.28% of the company's stock.

UnitedHealth Group Price Performance

UnitedHealth Group stock opened at $303.4150 on Friday. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $630.73. The stock's 50 day moving average is $288.51 and its 200 day moving average is $391.21. The firm has a market cap of $274.79 billion, a P/E ratio of 13.15, a P/E/G ratio of 1.93 and a beta of 0.43. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The healthcare conglomerate reported $4.08 EPS for the quarter, missing the consensus estimate of $4.45 by ($0.37). UnitedHealth Group had a return on equity of 23.32% and a net margin of 5.04%.The company had revenue of $111.62 billion for the quarter, compared to analyst estimates of $111.75 billion. During the same period last year, the business earned $6.80 EPS. The business's quarterly revenue was up 12.9% compared to the same quarter last year. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. As a group, research analysts expect that UnitedHealth Group Incorporated will post 29.54 EPS for the current year.

UnitedHealth Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Monday, September 15th will be issued a $2.21 dividend. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, September 15th. UnitedHealth Group's payout ratio is 38.30%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. UBS Group reiterated a "buy" rating on shares of UnitedHealth Group in a research report on Thursday, July 17th. Truist Financial lowered their price target on UnitedHealth Group from $360.00 to $345.00 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. HSBC restated a "reduce" rating and issued a $270.00 price objective (down previously from $490.00) on shares of UnitedHealth Group in a research note on Wednesday, May 21st. Raymond James Financial downgraded shares of UnitedHealth Group from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. dropped their target price on UnitedHealth Group from $418.00 to $310.00 and set an "overweight" rating for the company in a report on Wednesday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, UnitedHealth Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $365.38.

About UnitedHealth Group

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

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